SAGECents is a free app, designed to boost financial literacy among older LGBTQ+ Americans. Here's how the app works.
"We learned so much from different members of the community," DaCosta said. "And that allowed us to really tailor the app to reach the different micro audiences within the community."Christina DaCostaThere are links to customized resources throughout the app, including guides on Medicare for the LGBTQ+ community, Social Security for same-sex couples, estate planning for transgender individuals and more.
, said there are several reasons why older LGBTQ+ Americans may face greater financial difficulties than the general population., making them less likely to benefit from a partner's health insurance or other "social welfare structures," he said. "You also have greater potential for alienation from biological families, especially in the older generation," Meyer said. "And they're less likely to have children, which is certainly a huge source of support for older adults in the U.S.."
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